Gokaldas Exports cashes on Chinese textiles embargo to US

01 Jun '06
1 min read

Gokaldas Exports shares touched Rs624 mark representing a leap of 3.02 percent or Rs18.30 on Wednesday.

Sources explained that the company's improved performance was a result of 20 percent deficit in Chinese textile quotas to the US and the EU.

However, on National Stock Exchange (NSE) the stock fell by Rs10.70 to Rs600 representing a 1.75 percent fall.

Bangalore-based Gokaldas Exports, is leading apparel exporter, that has been rewarded the 'preferred vendor' status by international giants including Nike, GAP, Old Navy, Tom Tailor, and Lebek.

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